Best Rewards Credit Card

Discussion in 'General' started by aftriathlete, Jan 1, 2021.

  1. Venom51

    Venom51 John Deere Equipment Expert - Not really

    I agree but the folks with discipline may not be the only folks to run across this thread.
     
  2. beac83

    beac83 Old

    They have been duly notified of the requirements.
     
    pscook likes this.
  3. pickled egg

    pickled egg It was a dark and stormy night

    Why do I think your idea of discipline involves lots of leather and stiletto boots? ;) :D
     
  4. Venom51

    Venom51 John Deere Equipment Expert - Not really

    Unlike a credit card I might sign up for that. He'd at least be honest about what's likely to happen. That's better than a credit card company. :D
     
    SuddenBraking, beac83 and pickled egg like this.
  5. BigBird

    BigBird blah

    interesting that you would use a "he" (NTTAWWT)....i see that you've thought about this scenario already...good on you :D
     
    Venom51 and pickled egg like this.
  6. Venom51

    Venom51 John Deere Equipment Expert - Not really

    Well you can't make good decisions without thinking about it.... :D
     
    beac83 and BigBird like this.
  7. beac83

    beac83 Old

    Any BDSM scene requires the active and continuing consent of all parties involved. Without that consent, its simply abuse.

    The sham of retail contracts is not active consent.
     
    BigBird likes this.
  8. beac83

    beac83 Old

    I don't need costumes to have discipline. Discipline was beaten into me as a child by my midwestern parents.
     
  9. pickled egg

    pickled egg It was a dark and stormy night

  10. Mongo

    Mongo Administrator

    You get the reward even if you pay it off every month paying no interest. Pretty easy really.
     
    BigBird likes this.
  11. Venom51

    Venom51 John Deere Equipment Expert - Not really

    I will once again state I know the game being played. I will once again state I know that most people are losing the game...
     
  12. Mongo

    Mongo Administrator

    What do the idiots have to do with anything? They'll lose any game they play.
     
    beac83 and SteveThompson like this.
  13. Dan Dubeau

    Dan Dubeau Well-Known Member

    Rewards cards (most credit cards actually) tend to lure people into spending more than they otherwise would with cash because they're getting "rewards". Like the adult version of the carnival games. I WON 400 tickets, woohoo. And now I can "buy" a $0.5 teddy bear with my tickets. It took me $20 to win those tickets though, but I "Won" them.

    If you don't get lured into the "game" they can be beneficial and are essentially "free" money, but make no mistake the credit companies aren't in the business of giving out free stuff. For every one guy that uses it reasonably and "beats" the system, there's 1000's out there walking around the carnival with a giant bear on their shoulders.
     
    BigBird likes this.
  14. redtailracing

    redtailracing gone tuna fishin'

    @Venom51 Completely understand where you're coming from. I hate owing people money as well. Doesn't take much math to see just how much money a credit card company can rake in if you slip even a little.

    That said, I'm in the same boat as many others here and currently have 5 open credit card accounts. However, I've also never paid a dime in interest on any of them. My general rule is if I couldn't pay cash for something, then it's not going on a credit card. Then there's no concern of the money I was depending on to pay the card not arriving as expected - it was already there. I also pay my cards off weekly so I never have to worry about forgetting, overlooking something, or losing count of my cumulative balances versus my bank account.

    Funny thing is my favorite card is a secured credit card through my bank that I picked up years ago. At the time, I had essentially zero credit as I had never financed anything and it wasn't until I went to buy a home that I realized how big of a problem this was. So I just got a secured credit card with my bank (Suntrust) and put a few hundred dollars towards it. One of the rewards is 2% cash back on gas and grocery. So I've just put all my gas and groceries on it for the past few years and let it accumulate. It's become one of my half dozen or so little stashes that I have in various places. I figure one day, when the need or desire arises, I'll go cash all those little stashes in. Until then, I'll just let them build. Yes I know that few hundred dollars could've been invested elsewhere and made more money in the same time but for anyone looking to build credit from scratch, it seems to be a good start.
     
  15. Phl218

    Phl218 Lemme ask my wife

    Pareto works for them :
    20% keeping things in check, the other 80% are the Idjits
     
  16. Venom51

    Venom51 John Deere Equipment Expert - Not really

    I'm just playing devil's advocate. Not everyone has the self control to make this work in their favor.
     
    BigBird likes this.
  17. Mongo

    Mongo Administrator

    So you're being bitchy because people are in general kind of stupid? Huh.
     
  18. Venom51

    Venom51 John Deere Equipment Expert - Not really

    You see it however you like big boy.
     
  19. wiggeywackyo

    wiggeywackyo Well-Known Member

    Congrats. It's really a double-edged sword. But man what a phenomenal setup when you're in your 20's and single. No way I could pull it off now with a family.

    Those year end reward checks from Costco f0r $3k+ were :D:beer:. "Sorry, this amount is too large to cash out here, you'll have to talk to that guy."
     
  20. redtailracing

    redtailracing gone tuna fishin'

    Agreed. There have been at least a few times where I've been tempted to buy this shiny new thing that would've been a stretch coming out of my checking account. I knew I had a steady income that would make paying it back at the end of the month no problem. But luckily that little thought of owing someone money eating at me has always prevented me from doing this. I know technically any time I use the card, I now am in debt to someone. But knowing the money is there to pay it right away makes it feel less so.
     

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